40 Summer ST Active

Rutland City,VT 05701

$ 289000

4 Beds

4 Baths

2886 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,886 sqft

Price per Sqft $100

MLS Listing ID 5015604

Bedrooms 4

Full Baths 4

Year Built 1850

Annual Tax Amount $4,513

Tax Year 2025

Lot Size 5,227 Sqft

Property Description

Looking for the perfect investment property, or perfect opportunity to owner occupy? Then you need to check out this well maintained, 3 unit, 4 bed, 4 bath, multi-family property only a few blocks from downtown shopping, dining and events. Two of the apartments, #2 and #3, were recently renovated in 2022 ( see attached list of improvements ) with new washers and dryers, vinyl plank flooring, kitchen counter tops and cabinets, and new appliances and an energy efficient mini split in apt#3 for Summer cooling and economical heat. This property has a single oil FHA furnace replaced in 2000 and a new oil tank replaced in 2022 with vinyl siding and newer vinyl windows all around and an electrical cost saving solar array on the roof. All old knob and tube wiring terminated and replaced. And you'll find that there is little to no deferred maintenance here at this property. Month to month leases with reliable rental income and an opportunity to improve cash flow. There's plenty of on-street and off-street parking as well a carport to get your car out of the weather and a large rear deck to enjoy the mountain view. You're less than 20 minutes from Killing/Pico Ski Resorts, and less than 2 hours from Burlington or Albany Airport. This is a must see.

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning 10

Rooms

Basement Entrance Interior

Interior

Heating Oil

Cooling Mini Split

Flooring Carpet,Laminate

Exterior

Garage Description Carport,On Street,Paved

Utilities Available Cable - At Site,Telephone Available

Roof Type Shingle

Building

Story 2

Foundation Fieldstone

Sewer Public

Schools

Elementary Schools Northwest Primary School

Middle Schools Rutland Intermediate School

High Schools Rutland Senior High School

School District Rutland City School District

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